Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Northern Trust (NTRS) announced Monday that it has named a former top official at the Federal Reserve Bank of Chicago as its chief economist.
U.S.-based multinational snaps up Belgian compliance company.
The Mobey Forum works to increase the use of mobile financial services.
U.S. officials were told in April 2008 that banks were possibly underreporting their London interbank offered rate submissions, according to documents released on Friday by the Federal Reserve Bank of New York.
Mobile payment company basing its business model on loyalty programs.
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
Earnings at Webster Financial (WBS) grew more than 21% in the second quarter from a year earlier, as the Waterbury, Conn., company managed to add loans and transaction deposits.
Former HSBC executive Nancy Pierce will lead Treasury product management for the bank.
The Federal Reserve Board has lifted a written agreement with Tower Financial that required the Fort Wayne, Ind., company to improve its lending and credit administration.
Washington Federal (WAFD) in Seattle reported that its quarterly earnings totaled $35.2 million, up almost 17% from a year earlier despite a drop in net interest income.
The banks and a credit union have agreed to use the vendor's identity and access management technology.
Alabama bank to use EFT and fraud prevention software from the bank tech provider.
Former Syncada executive to oversee the bank's core payment strategy.
Commerce Bancshares in Kansas City, Mo., reported second-quarter income of $74.3 million, up more than 7% from a year earlier, as credit quality continued to improve.
Georgetown Bancorp in Massachusetts has raised $11 million and completed its conversion to a stock-owned firm from a mutual holding company.
International Bancshares (IBOC) in Laredo, Texas, has repurchased $40 million of preferred stock that it issued to the Treasury Department under the Troubled Asset Relief Program.
ProAmérica Bank (PMRA) in Los Angeles has named a 25-year banking veteran as its president and chief executive after a yearlong search.
FirstBank Holding in Lakewood, Colo., will close a dozen branches inside Colorado grocery stores.
First California Financial Group (FCAL) has reduced by 38% the number of shares it would pay to acquire Premier Service Bank in Riverside, Calif.
Debit network hopes the new platform will support a five-fold increase in transactions.
